Q. The Internal Rate of Return (IRR) is the rate of discount that makes Net Present Value (NPV)
(A) zero
(B) one
(C) positive
(D) negative
The answer is: (A) zero ☑
Q. An investment should be accepted if its Net Present Value (NPV) is
(A) 0
(B) 1
(C) positive
(D) negative
The answer is: (C) positive ☑
Q. An investment should be accepted if
(A) Rate of Return > Opportunity Cost
(B) Rate of Return < Opportunity Cost
(C) Rate of Return = Opportunity Cost
(D) A, B and C are irrelevant
The answer is: (A) Rate of Return > Opportunity Cost ☑
Q. World Trade Organization (WTO) was established on 1 January
(A) 1993
(B) 1995
(C) 1997
(D) 1999
The answer is: (B) 1995 ☑
Q. The main function of WTO is to ensure that trade flows:
I. smoothly
II. freely
III. predictably
(A) I only
(B) II only
(C) I and II only
(D) I, II and III
The answer is: (D) I, II and III ☑